- Tamil Nadu planned to launch an angel investor network in an effort to support startups
- ATEA had promised to secure $ 5 billion investments for startups by 2025.
- To give boost to the startup community, a group of angels belonging to MadrasAngels were planning to launch an online platform to promote Tamil startups.
NARASIMHAN KASTURI
SAN FRANCISCO. Sept 12
Indiaspora, a nonprofit organization founded in 2012 whose mission is to inspire and position the global Indian diaspora as a force for good, will be conferred with all time achievement award at a conference organized by the American Tamil Entrepreneurs Association (ATEA) soon. Indiaspora founder and investor in SiliconValley, MR Rangaswami, will receive the award. CATEALYZE organized every year by the American Tamil Entrepreneurs Association (ATEA) is being held this year in Computer History Museum (CHM) in Mountain View on September 23. Tamil entrepreneurs from the US, Canada and India will be attending the event.
The conference will have panel discussions on several industries that are seeing renewed and new interest in investments such as Gen AI, Web3, Digital Health, Sustainability, and connected things, said Arun Nehru, Convener. A women’s forum is also planned as more and more women are getting into startup. Besides Rangaswami, R. Vairavan will be honored at the conference.
From CIOs to venture investment professionals to seasoned entrepreneurs, ATEA has assembled a wide range of speakers who will share their insights, advise your business, and delve into their journeys, Lena Kanappan, President of ATEA said.
The Indian community is one of the largest overall immigrant populations in the US, second only to the Mexican community and is the largest Asian community, with more than four million people that are permanent residents. Indians contribute more than $ 1 Trillion to the American Economy while accounting for only one per cent of the total population, according to a study.
Tamil Nadu planned to launch an angel investor network in an effort to support startups. The focus was to attract domestic and the diaspora investment. ATEA had promised to secure $ 5 billion investments for startups by 2025.
To give boost to the startup community, a group of angels belonging to MadrasAngels were planning to launch an online platform to promote Tamil startups.
